Published: Wed, November 13, 2019
Electronics | By Kelly Massey

Mobile's chief executive is in talks to become WeWork's new boss

Mobile's chief executive is in talks to become WeWork's new boss

John Legere helped turn T-Mobile around.

WeWork is supposedly in talks with T-Mobile's CEO John Legere to become its new CEO.

John Legere is well-known for helping to make T-Mobile into a more competitive carrier in the US market, and now a new report says that another company is eyeing Legere to help it turn things around.

The executive search follows the billion-dollar buyout of former WeWork founder and CEO Adam Neumann after he led the company to an unsuccessful IPO.

WeWork did not immediately respond to Reuters request for comment. Legere is CEO of T-Mobile, which he has led since 2012.

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T-Mobile's stock fell around 2.5% Monday afternoon following the news of Legere's talks with WeWork.

Jeffrey Sonnenfeld, senior associate dean for leadership studies at Yale University's School of Management, told CNBC in September that there's "rumors out there that are starting to spread that he is the flawless guy for the job".

Mr Legere has held the reins at T-Mobile US for the past seven years and is reportedly one of several candidates in the running for the WeWork job.

WeWork, which provides shared workspaces for tech startups, is now being led by co-CEOs Artie Minson, the former chief financial officer, and Sebastian Gunningham, former vice chairman.

Marcelo Claure the former chairman and CEO of Sprint, has been acting as the chairman of WeWork and the de facto head of the turnaround effort since Softbank poured $10 billion into the company last month. T-Mobile and Sprint have said they will not seek to close their merger unless the court rules in their favor, and have made a number of commitments about their services in an attempt to get opponents on board.

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